1. Oil futures are gaining despite tariff worries. 2. Tighter sanctions on Iran and Russia are influencing market sentiment. 3. US-China tariff impacts on demand are seen as negligible. 4. Analysts suggest recent price falls were excessive. 5. Potential upside from sanctions may lift prices soon.
Sanctions on Iran and Russia could constrain supply, potentially driving prices higher. Similar past instances of geopolitical tensions leading to price surges reinforce this outlook.
Sanctions can directly affect oil supply dynamics, thus impacting CL00 prices significantly. Recent market behavior indicates strong reactions to supply constraints.
The upcoming weeks could see immediate effects from geopolitical compliance and market reactions. Historical sanctions often show swift market responses.